Key Performance Indicators
Most businesses use a few key performance indicators (KPIs) to assess how well they are doing in meeting important objectives.
In previous columns, I have discussed the fact that we have a serious productivity problem in the capture fishery in Atlantic Canada. Productivity is a good example of a key performance indicator, but there are others.
For example, an important KPI for the Icelandic fishing industry is output value per kilogram of catch. The industry in Iceland selected it as a ...
Achieving Extraordinary Results
Last month, I talked about the productivity problem we have in our industry and illustrated how that translates into low incomes for industry participants.
Specifically, I showed how output value per person employed is very low compared with the fishing industry in Iceland and the food industry in Canada, among others. If people in our industry want to have better incomes, we have to improve our productivity and that will require change — innovation, in other words.
A recent report ...
Salt of the Island Sea: P.E.I. Company Hoping to Turn Artisanal Salt Into Burgeoning Industry
From the original Mi’kmaq First Nation inhabitants, to the French and British Empire colonists and their descendants, the people of Prince Edward Island have always relied on the sea to provide for their families.
Over the years, Islanders have found new and ingenious ways of reaping the bounty of the ocean.
Now one Charlottetown company is looking to the sea itself to apply some of that same old fashioned ingenuity.
The Prince Edward Island Sea Salt Co. is a new venture by an ...